Key Notes
- Sequans plans to speculate $384 million in Bitcoin via fairness and debt choices.
- MicroStrategy purchased 245 BTC for $26 million as Bitcoin briefly dipped beneath $100K.
- Regardless of miner stress, long-term Bitcoin accumulation continues throughout establishments.
Publicly listed firm Sequans Communications S.A. has introduced a daring new Bitcoin
BTC
$107 150
24h volatility:
0.0%
Market cap:
$2.13 T
Vol. 24h:
$25.67 B
treasury initiative.
The IoT semiconductor chief plans to speculate round $384 million within the cryptocurrency, combining $195 million in fairness choices and $189 million in convertible secured debt.
Large information from Sequans! We’ve launched our Bitcoin Treasury Initiative—a daring step that enhances our management in mobile IoT.https://t.co/UgzqsGUobl
#Bitcoin #IoT #5G #Innovation #Sequans pic.twitter.com/B31hiXuJd4— SEQUANS (@Sequans) June 23, 2025
The funding plan requires shareholder approval on the June 30 assembly, with a closing anticipated on July 1. In accordance with the official press release, debt financing will proceed provided that the fairness sale raises at the very least $195 million.
The digital asset buy plan goals to place Bitcoin alongside the corporate’s core give attention to mobile IoT modules. CEO Georges Karam acknowledged that Sequans believes in Bitcoin’s long-term potential and its skill to bolster the corporate’s monetary resilience.
“Our bitcoin treasury technique displays our sturdy conviction in bitcoin as a premier asset and a compelling long-term funding. We imagine bitcoin’s distinctive traits will improve our monetary resilience and ship vital worth to our shareholders,” Karam defined within the press launch.
Sequans plans to companion with Swan Bitcoin, a specialist in company Bitcoin methods, to efficiently implement the treasury initiative.
Establishments Shopping for the Dip
In the meantime, MicroStrategy, the world’s largest public Bitcoin holder, revealed that it purchased 245 BTC value $26 million in the course of the week ending June 22.
The acquisition got here as Bitcoin’s value slipped beneath $100,000 for the primary time in six months amid world geopolitical uncertainties.
A number of different gamers, together with Japan’s Metaplanet and Panther Metals, have additionally purchased the Bitcoin dip to strengthen their BTC reserves.
Data from SosoValue means that spot Bitcoin exchange-traded funds (ETFs) proceed to draw institutional traders. These merchandise have recorded a nine-day influx streak, with a cumulative complete internet influx of $46.66 billion since their launch.
What’s Forward for Bitcoin Worth?
Apparently, the newest purchases come as Streagy’s govt chairman Michael Saylor just lately predicted the most important cryptocurrency might attain $21 million in 21 years.
On the time of writing, Bitcoin is buying and selling close to $101,252, down 1.5% over the previous 24 hours. On-chain data from CryptoQuant signifies that Bitcoin miners are presently going through income stress, being considerably underpaid in comparison with historic averages.
But, miner promoting stays low, signaling that structural sell-offs are unlikely, except reserves are rebuilt or capital sources dry up.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any choices primarily based on this content material.
A crypto journalist with over 5 years of expertise within the business, Parth has labored with main media shops within the crypto and finance world, gathering expertise and experience within the area after surviving bear and bull markets through the years. Parth can be an writer of 4 self-published books.
